EASTERN BAPTIsf ASSOCtATION Accouwfs FOR IHE YEAR ENDED 31 DECEMBER 2025 COFfrEKTS AND CHARifY INFORMATJON corrrBNTS PAGE R¢FK)rt of the Trustees Independent EXnlle¢s Report Statement of Fi)leis[ A¢tivitie5 BaiancE Sheet Statement of Chsh flows Notes to the Accounts 10- 18 TRUSTEES Sandra Crawford Ricfr.ard LVIS (Treaswer} Adri&n Ward Paul Smith David Mayne uis¢ Webber Valerie Khambatt8 Je&si¢a West Gordon Hindmarch COMPANY SECRETARY Hayl¢y Beckett REGIONAL MINISTERS aaire Blatchf¢)rd Gale Rith.ar(L5 {trsigned October 2025) David Mayne REGISTERED OFFILE 2 BLYlttLTrAn Gardens Wicirford 8S129QB COMPANY REGISTRATION NUMBER 4221429 CHARITY REGISTIL4TION NUMBER 1089795 INDEPENDENf EX4MINER lan Shipley FCCA For and on tKhalf OF. Prentis & Co LLP Chartered Accountatts and Indedent Examiners 115c Ntil(on Road Cambridg4 CB4 IXE BANKERS CAF Bank L 25 KRng5 Hill Ave Kings FÉill Wth4%1ailitt8 Keni MB194JQ Shaworcok Luiea House Warley Hill Busin&8s Park Bients4wd CN113 3BE Baptist Union Corrxwption Limited Baptist Ilouse PO Box44 129 Broadway DidcA)L OXI J 8RT Redwood Broadway Le.Worth Garden City Hertfordshire SG6 3TA Ut)iwI Trust One RoE*Enaker Street tA)n(k)n BC2Y 9AW
EASTERN BAPTIST ASSOCIATION PAGE I Accoijyfs FOR THE YEAR ENDED 31 DECEMBER 2025 REPORT OF THE TRUSTEES The Trustees. Iwbo are also direttors of the charity for the purposes of the CompJni¢s Aet}, psent their 8nnllal report together witb the Fancial ststeinents of the Charity for tbe year ending 31 Dex¢mr 2025 wSich are also prepared to meet the requ&rements for a direth>r5' report and &CCOUJLts for Companie5 A¢t putposes. The financia] 8tstements comply with the Charities Ad 2011. the Cotnpanies Art 2006, the Memorandum and Articles of Association, and Accounting Reporting by Charities.. Statement of Recom]nended 14aetice applicable to charities prep8ring their accounts ID accordance with the Financi&l Reporting Stattdard applicable in the UK and Republic of Ireland (FRS 102) (Second edition, effectiye l January 2019). OBJECTIVES AND ACTtVlTIES Introduction As trustecs of Eastern Baptist Association, we are pleased to preseDt the allnllal report for the year ended December 31, 2025. This retiort aims to provide a compreben5ive overview of the activities, fwanci&l perfOranCe, goyenance, aid fvture outlook. Il'e Terllain committed to ensuring tiiat Eastern Bapiist A$50ciatson fulfils its mission and objectives. while adhering to the highest standards oftrdnsparencj, accountability, and 5teward5hip, Mi55ion Purpose ofthe Charity Eastern Baptist Association was establish¢d with the goal of the advancement of the Christian religion especially by d)e means of and in accordance with the principle5 of the Baptist denomillation as set out for the time beiiig in the Declarat on of Prin¢Èple of The Baptisi UnioD of Gr. BritaiD. With a particular locus on Growing healthy churches in relationship for God's msssiott in the East of England. Over the past year, we have continued to Work toward5 achieving the clwity's objectives thmugh strategic Iriitiatives. careful resoure¢ managemenL and effLective governanee. Covernxnce and Trustee Actiyitles In 2025, the charity Continued to be governE(i by a dpjiCat eroup of t¢t5, each bringing div¢rs¢ cxp6raF Se and experience to our work. Regular Iru51¢e ¢ingS were held throughout the vear to review the usociation's operations, fmancial heal;L and aligTJmenl with its goa]s. Trustees remain r¢sponsible for= Overs¢¢ing the agsociations. activities and ¢nsuring tornpliance with legal and r¢gulatory requirements. Monitciiing fiuaDcial petforniallce and approi'ing the annual budget aud expenditures. Reviewing the efftctlVLne&s of strategic priorilies and initiative5. Evaluating and addre5siThg ri5k5 to th¢ charity'5 &SSets and operations. We are committed to transparency and bave adhered w all relevant regulations goveming the management of charitable trusts. Each tnt¢¢ has acted with due dilitren¢c, care, and loyalty tL) the beneficiaries and objectives of the association. At the 2025 AGM the members re-elected Mr Rirhard Lewi5 &8 treasurer for a furth¢r 3 years and Revd Gordon Hintharch as a trttstee. At the same meeting Revd Johll Goddard. Revd Sn Fountain and Revd Alan Br&nd retiied frojn the role of trustee. During the >ear the tswtees appointed Revd Adrian Ward to the role of deputy modEr&'or to assist and support the moderaior and a further 2 c4)-options Mi55 Jess;ca West and Mrs Valerie KhaTnbatta. Ai the conclusion of 2025 the trustee board was Jnade up of thc following IndividuS. R¢vd Lou Webber- ModerntOT Mr Richard Lewi5- Treasurer Revd Adiian Ward-Deputy Moderator Revd Gordo Ilindarch Revd SAndra Crawford as a Co-opted llkember (until Jgllllary 2026) and Safegllarding Trustcc Mry Valerie Kh&mbalta, co-opted member (until Tr'ebruari. 2027) Mrs JL5YiCI) WLEt, copted member (UDIRI MaJ 2021) Revd Paul Srnith, e04JPtcd member {ulltil September 2027) Revd David f*layne (REtrlTL) aD CX-Otri£io member ofcouncil
EASTERN BAPTIST ASSOCIATION PAGE 2 AccotINTS FOR THE YEAR ENDED 31 DECEMBER 2025 REPORT OF THE TRUSTEES Financial Perfortllallee The charity. had a deficit of 0.077, reflecttng a deficit budget in line wtth expe¢tatioll (2024.. $4wplus £65,430, but excluding the surplus on property tbere was deficit on ordinary artivities (>f £89,514). We project supwrt similar annual deFiClts in subsequent vears bui recijgnise this use of reserves to ¢over ongoing Shortfal in this way h&$ significant impli¢atiOlls. lieserves spent iti this way cannot dien be u5¢d to fund other activities And projects now or the future. Itt the long term it can t&%e many yrar5 * rebuild reserves, again reducing fuiure possibilities aDd unles5 the funding structure for Ao¢lationS is significantl). r¢vised: or other income streams cf be developed. Saying that, it is expected tFkat there will be 5ionificani iinan¢ial strncbJal chang¢s in the Baptist Union and the associations its 2027 and following years. Once the impact of 'those ¢h8nges is known, then the EBA can make long temi sustainable plan5. Key Financial Metriu: InconLe- £405,824 E¥penditures.' £435,901 Net As5¢ts: £2,IS6027 Free Reserves: £402,888 Operational Spending: lJ14 (71.4 /0 octotsl expendltstres) Grant Spelldlng: £124587 (28.6% of total e5penditures) Fund Raisillg The Charivj. do¢s not aetively fundraise but does receive from tiMe-tie unsolicited gifts and donations from the public. The Trustees do not CTnploy professional or outside agencie5 to fuudrdi5e on its behalf and as such doe5 not consider it necessarv to be part of a voltmtsry scheme or standard. Follom'ing a clarification of BU 8IdelineS, EBA is ¢xplorittg ways to raise funds specifi¢ally for our own purposes. Property Matters The COpanY Secretary and the Treasur¢r together wtth the Finance and Adm115trdftOll subgTOUP ovei'5e¢ the property portfolio for the EBA. During 2025 in lin¢ with th- &ssociation'5 Envirotunent&l Sustainability Policy reviewod the EPC rating and report for ¢h property to consider the environm¢rAta] impacl of each property and consider any wavs in which we can improve the Tatings. The out¢(pme of the revithi w&s discussed in October with further investitsl0 and costiDgs lo be d¢v¢loped iB¢O 2026. following the resignatio of Revd Gale Richards towards the end of the year the trustees revi¢w¢d th¢ prorty stock alld decided to Sell the Ely Manse and at the end of the year this is on ihe market. The association ends 2025 with the following properties Southend Mwise- occupied by Rev David Mayne Wickford Manse- occupied by Rev Claire Blatcbford Ely Manse- currentl.y and on Ihe market. WÈckfDrd Rental Prop¢ty tenancy until January 2027 with a monthly illc0c of £1400 All properties continue to bc reyiewcd annually to maintsin the five-year plan for routine maintenance ]d p12nned refurbishment of the EBA properties. Lastly, th¢ AO¢latiOn is expected to rweive a part Share in a fonne¥ church manse its Harold Hill, pending completion ofthe l¢gal proce&%&8. Trustee EThgagement and Activiti In addition to regular meeting4 knjstees participated in the following activiÈies over the past year. Strategy and Planning: TTUStees engaged iti strategic planningto set priorities for the coming year. Traiijing: TnJstr&s engaged with refresher trainillg on the respollsibilities of betng a trustee. Fi*ancial Review Yste&% engaged with reviewing tILe impart of de¢reed incoiiic and with the Baptist Union's llational financial review which will continue into 2026. Programs gnd lllitiatives Throughout 2025. the charity faci]itated and hosted training and activities aimed at advancing its mission. Soinc of the ILighlights include..
EASTERN BAPTtST ASSOCIATION PAGE 3 Accoubrrs POR THE YEAR ENDED 31 DECEMBER 2025 REPORT OF THE IRUSTEES l. Mii)tster's cOference.. A 34&y residentia] conference focused on worship, l¢aming and nctworking. The teaching was provid¢d by a Yariety of difftrent people including Revd Dr Andy Goodliff who focused on Baptist Roots, Revd Dr SElly Mann who focused her se55ion on doing ministry differently within a ehanging financial landscape, Dr Jonas Kurlberg wbose sesgion was on the changing digitAI landscape and Revd Lisa Kerry who focused on bcing roote47 in Cbri5t. This initiative benefited directly 92 individuals iho then retum to their churches and ministy settings, and the benefit could be multiplied acro&s the churches. 2, Safeguarding Training- Each year we facilitste several safeguardtllg course5 for churches to be able lo enBag- with the Baptist Unio.4 Excellence in Safcguarding mateTiai. Durirtg the year 10 diff&Ynt courses took place across the association ining 503 indiYithia]s at level 2 and 214 sndividuats at level 3. Delivery of tljc "I Jm becau5t you are tr31n1D. This training has been developed to raise the issues around diversity pnd equality. The association believe this trdinincT to be of benefil to new ministers coming through the tninisterial recognition pathways and dUrg 2025 continued to run iessions for individuals to engage with the material. 4. Mentor Tr&ining'. The 0cl&ll0 ellgages mentors ID the Newly Accredited ministe (NAMI program. The association considers it irtip)rt8nt to equip th¢ menttTrTS to be as effcctive as they can be. In April a traIllg day for mentors held and was attended by 10 iDdivÈduals. Ellgi£ement in Project Violet- Project Violet is a Tes¢arcb project that investigated women's experi¢ntes ID trtiriistry with the results being published durin(y 2024. The research provided us with some stark realities and recott]mer.datioJ]s for ¢hang¢. Durino 2024 the association contillued with their coimnitments against L4e recommenaations for change inclJding identifying 3 iDdividuals to take pt in the nexl round of "Ma&ni You" arkd aweing review potnts for accountability during the year to ensure we are staying tN¢ to our commitn¢nts. Engagement with the EChurCh Èward= This iniiiative develod by A Rocher enwurages chuich¢s to be environmentally aware and put into place susrainabl¢ prdciiCe5 in their local area, awardints churches Bronze, Silver or Gold. The eco church enab'.ers bave higldightd Ihis prowdmme to our cb&urches and illspired chur¢hes to engage with it. There are J)ow 12 silver award holders and 5 bron7¢. Looking AheAd Tliere w¢re some unexpected is5uEs I1th1 the team dtrIng 2025. with te member needing to take some time Dut on health grounds and another e[ryber resigning in October as sh- was lled to a diffcrcTht role. Trustees agreed to roll over soine af the priorities fro 2025 r¢¥ognising ttiat nor 85 pn)wss had b¢en made as would have been hoped. As we move into 2026, the &550ciation will focus ott the followtllg priorities: Furthering kingdom justice.. Continuing to implement the agYe¢d outromes of Proje£t Viol¢L workillg to have our justice hub integrated into the life of the association and growing its impa¢ helping as Enany churches as possible to be[rye Eco-church award holders and ensuring that the as50cia¥ion complies with its Environmentsl and Sustainability Policy Assoeiation Rcforni: There is a reJli5ation that the association trdnnot continue tD offcr the swr4C as It h alwaw5 done with a picture of decreasing income. We will be att]e[Y exploring ways to netwoi.k and a550ciate differently. Whilst ensurillg the trustee board is fit for PUTpose and contains the requisite skills and expericnce n¢ded for an effective arnd balan¢cd board. 3. Collaborating Ivith our Baptist Movcm¢nt.' We ar¢ only a part of the Baptist family during the next year we will be active and Constructive in c4)Il&boTrtion wsth other parts of the family. En5urints ihai the associatioD 15 well represeLrytcd all areas of Bapiist life. thE atsociation had a %o(Kl repi'csentstion dt the All Teams Kelreat iti December.
EASTERN BApllsT ASSOCIATION PAGE 4 AccouKfs FOR THE YEAR ENDED 31 DECEMBER 2025 REPORT OF THE TRUSTEES 4. Project 17.. A commitment to identify and conll¢ct with our I least enged churches, which we'll Tefer to as Project 17. It is hoped that EBA T$ will WO alonoside the EBA Team:"0 find good and constructive ways of building better lirths with thes¢ Ghurchas. Conclusion We would lik¢ tt) exp our sincere grdtitude to our team, volunteers, and member churches for th¢ir unwttvering support throughout ibe year. The association is Dot without its challenoes durir.g the TLEXI year. We are confident that with your continued sknpport, we achieve grcat things in the corntng year. Thank you for your Érnst and commitrnent to our shared goals. Risk Management and compliace We continue to uphold robust risk management practices to safeguard the chariry'5 &55ets. Key risks idthitified ill 2025 included Key Risk Church Membership and giving decreases. Reswr.se and mitigation The a550ciation prepared different income forecasts to esS its viability if different C]USlanCeS occurred A55es5 our expenditure and use ¢ent funds wisel R¢gional ministers remained visible Jnd approxchable to churches wishing to talk through iggues Maintain a good relationship with the National Resource aDd support tnechanisms. RegiOll minister5 i'emained Yisible and approachable to churches wishing to talk throu issues The &iSOCiatiot] prepared differeTIt inctsme forecasts to sssess its viability ir different circutnstaThces occutted Asse&% our expellditure and uye ¢u]rent nds wisely Critical Risk CritÈcal Risk BakaWaY Baptist union is fonngj. Critical Risk Churches response to difft theological viewpoints (Reputotion) Indirect risk of Baptist reputation Fillartce (includiug systetns and coTrtrols) Chan865 to fancial rttodel wtth impacts our incom¢ STRUCTURE, GOVERNANCE AND MANAGEMEWF Governing Doeument Eastern Baptist Associ&tioll is a ¢owpauy lillEd by guaraDtee with tharitsble ststus which is govemed by a MernoranduTfk and Articles of Ass0¢iation. Appointnjent Df Trustees (a150 known as Counell members) The following revised process for appointing Couocil members wa5 agreed at the EBA Assembly ID June 2025,. l. Council will consisi of individua]s who hold the reqllisite skn.lls and experien¢¢ &8 to administer the duties requircd of Ch2rity tnistees alld Company Direcwr5. 'IhEse duti&s include Maintsining the aims attd developing the strategies orth¢ EBA. b. Sctting policies and reliewing the practice of the EBA in ter5 of Ministy and Mission. Maintaining the finan¢ial prn¢ti¢¢ of the Associalion dough settsng budgets and approving accounts. d. Supporting and resourcing BBA sthif and volunteers to carry out their fijnctions, roles alld re5ponsibil.'ties Undertaking representation and partnership with th¢ Baptist Union of Great Britain, and other recognised bodie5. NO[natIOnS for council members will be sought from the churches of the a550ciatiou, the regional tcam and curren¥ Coiincil meinbers.
rAs'1i.:RN BAV'I'ISI. ASS(KIATION
PA(il.- 5
ACLOUNTS b'OR I?IF. YI.AR I.:NDED 31 DI.L'EMIII.R 2025
RI.:K)RT OF 7'11Tr.'1'RusfFJ
A manbcr is appoiftfrd b), a Simple majority 4gen¢ral merfHJ8.
Any ty$on aptM)inted as a ¢iyJncil m¢mbLT shall cligibl¢ fOrrtrapw>intsrt that pow ha8 immediai¥ly
b¢foNi such TWPOiThth)thi abOY 8crv¢d thr¢t cen%ecyli¥c F¥xiods of
2. Subi¢ct io th¢ Lher byclaws the appointhjcni oltOEvKiI sh4Jl tske ely fw a which expircs 41
lh£ ihird Annual (icnerdl Meing folknving their a111.
'lThv cclI shall bc enlit fill 8ny w for h Cumcil Mcmbcr whi¢h o¢¢urs during a tenn ur
4ppoiiiim¢ni.
A fillllw ihAt vttcancy shall serve uniil the ncxi AnThual Meeting of thc Associ&lon. In s¢cking
to fill any vacancy undcr Ihi5 By¢ law Ihc Council muy Ilw15hall thot k obligLd to) aprx)int a Nominalit)g
EASTERN BAwfIsT ASSOCIATION PAGE O Accourors FOR THE YE4R ENDED 31 DECEMBER 2025 INDEPENDwf EXAMtNTR'S REPORT TO THE MEN(BERS OF EASTERN BAVfEST ASSOCIATION l LZPOrt on the accouats of the charity for the year ended 31 December 2025 svhich conJpri8e the Statement of FIrwal AGtivities, the Balance Sh-eL the stsiemenlof Cash Flows and the related notes. RESFONStB[tIrs AND BASIS OFREPORT As the Trustees of tbe Charity (and a]so its directors for tbe Putt of compatty law) you are re8pollb for the preparation of the accounts in aceordatKe with the reqthrelnents of the Comp8nies A¢1 2006 Cthe 2006 Acf). Having been satisfied that the accoutsts of the charityare not required to be auditedullder PL16 of the 2(6 AGt alld are eligible for independeni exarninatioo I report in respect of niy ex8miuation of your cljaritys acctsunts a8 carried out under $.145 of tlLe Charities A¢t 2011 (th£'2011 Acv). ltteaTf>iti8 Out my examination I have followed the Directions given by tbe Clwity CoJ]Jmission under s.145(5)0)) of rbe 2011 A¢L INDEPENDENf EXAMtNER'S REPORT Since the gross illGorne eRce£ded £250,000 your exan]iner must be arnenther of a bodv list ill s.145 of the 2011 Act. I contLrm that l am qualified to Lmdertake tbe &taminatioD becau l a ]neber0E ibe Associ&tion of Chartered Certified Accoulltsnts which 15 one of the listd bodies. I have completed rny exarnill8tion. I COrth that no matters b&ve cotD£ to my attention in connection with the examinatioii giving me ¢&use to believe: {1) accounting records were not kept in rewt of the charity &$ requir by $.386 of the 2006 Act. (2) the accounts do rAo¢ aCrd with ating records.. {3} the ttceounts do not comply witb the acColtIllg require[lts of s.396 olthe 2006 Aet othe&. requiremeut that the awounts give a'tsue atLd faie view whi¢h is noi a tter considefftl As part of an ind¢pelldent examin&tion" or {4) the accounts have Dot beenpwared in 8c¢orda]Lce with methods alld principles of tlLe Stalement of RecommetLded practice for accounting al repotting by cbarities {appli-able to charities prepar£ng their aGGounts ill accordance with the Finaucial Reporting Stondard applicable in thc UK atsd ReptsbLi¢ ol'lreland (FRS 102)). I hav¢ GQllGertts ad have come acro&s other mattas in conlle¢tionwith the examination to Mthich atterttioll Should bc drawn in this report in order to euable a properundeTrtanding of the accoullts to be l¢hea. tAN SHtPLEY FCCA FOR AND ON BEHAIF OF.. PREIfflS & CO LLF CHARTF.RED ACCOuANTs & 115c MiltDn Road Cambridge CB4 11 )l-My
¥D t
ELS"fERN BAPTIST $S(ATION PAGL. X AcrouN'IE FOR THE Yfr".AR ENI)tD 31 DECEMBER_V)?5 BALANcf. SHEET 2024 No FIXED AS%Frs 18#sibk fucd a4gets Invi%¢mettia ?80.74 JRO.204 .1802U4 TOTAL FIXED ASSEIS 1ffi60,952 CURRENf ASSETS Debio 14 5(YJ284 I l J60 531,662 TOTAL CURRW ASSFrs 541922 LIABILITlfS cRditO fAlliDB due withiFJ (ytte year 10 19.019 1&97U NET (IJRRFNT A&% 9M.3.55 495,952 Nbry. ASSEIS 2.15127 2.186.91 THI TrIJND.8 OF 171E CHARITY U¢tEL¢t¢d I]0me DuiuTHtcd Inc ReKtriC Inco I"'undg 2.05S.I 37,71Q 63.957 21J79,122 49.510 58272 12 TOTAL CHAWTY FLTNI>S 2.I$6.827 The Irusteee%¢ott8i(kY the chan'tthlc is entitkd to exthioion from tk rew[ kn Iwe an auth"1 the provisi¢iM ofse¢tx>n 47711) of Lowic5 Act 2fM)6. MemFxTh' have noi [rj the ¢knitable company under SeLtion 476 of th¢ Compant24 Aci 2(K)6, to obtsin an wlii fiw 31 DeLem&Y 2tJ25. The diwtors acknowledue Ibetr responsibililT¢ for¢tywrill¥ thai okniT4bk comrAny keep lwlg tM)rds which comply with Seci7tM 386 and 387 of the Conipanies kn.12( lor prep8rin¥ fu1[ sth&'merLts Ri%t a Int¢ and fair iryew ofihe of allaiTX of th¢ ¢1saviMblv wjnplltty •¥ ai 31 'LThi 202J aDJ vf its deficii foT year thell eTMJed ITh accoffdance with the reqiiiremeni$ of S¢¢iion 396 and ¥thich o111$P ciwly the requitements (>fthe Ath reJatsn¥ In th¢ fillala1 slat¢msl farasappli¢Able ¢0 thedwithkeoThw. The finttncial statements. which hfyve Ixen prepyEd in acc(kn with the wial W0101k$ relatll¥ fo Subj to the s1 rtyinx witlun Part 15 of AL'I_NX)6, wLYe oppml byU* boanl ( l $igwl i)n it Richard Iwis The IQ w IN of 5iaiLlI.
EASTERN BAPTtST ASSOCIATION PAGE 9 AccourS FOR THE YEAR ENDED 31 DECEMBER 2025 STATEMENT OF CASH FLOWS 2025 2024 Notes CASH FROM OPERATING ACttvrrtES Net Cash used itt operating activities 16 (74,53 11 (131,490) Cash floiY5 from inyestlng actlvldes Dividcnds, interest and rents Purchase of fix a&set Proceeds frorn dispo8al of Oxed &58ets 52,153 61,604 {550,0001 877,794 Net eash provided by investing actiYitie5 52.153 389,398 Change in cash aDd c&8h equivalents in tbe year (22,378) 257,908 Cash and cash equivalents atthe begtoning of th¢ y¢ar 531.662 273,754 Cash and cash equivalents at the elld of the year 509,284 531,662
EASTERN BAPTEST ASSOCIATION PAGE 10 AccouKfs FOR THE YEAR ENDED 31 DECEMBER 2025 NOTES TO THE ACCOUNrs ACCOLwfEfiG POLICIES BASIS OF PREPAIL4TtON OF ACCOUTs The fllwJ¢ial statements bave been prepared nder the toriCal cost collventiortmqtb items re)iSed at Cost or trwsactson vAlue unlw otherwise ststed in the relevant to these financi sratements. The fijwicial siateowts have beea prepared iti Acc(thce with the Statetncnt of ReCOeth Practice (SORP) ACCltEll8 alld Reporting by Charitie6- preparing their acColS in accordanoe the Financial Rryoning Standard &pplicabEe in the and Republic of Ireld {FRS I02) Second editi i3$ued October 2019, th¢ Chariues Act 2011 and The Companies Act 2006. The financial statsmettts Lae been prepared on a goillg collcern basis. (a) The Trustees are of tlLe view that they hold sufficient tiquid assets tt) meei operating costs in the n)edium ternL The principle Vncertsinii aE tELe future upkeep costs of the properties. The charity coostithtes a pubtic benefit defined byFBS 102. The accounts are pr&%ented itLpound 8t¢rling {£), the cbaritls presentational cutrellcy. (b) FUND ACCOiFNTING Unrestricted Funds are &vailable foruse at the discretion of the Council of th¢ A&sLKiation in furtherance of the objectiiu oFdLe Assooiation are fid$ set 8side by the Association in order to undertake splfi¢ projects, or equali8e aLti¢spated njajor expendsttEre on JnaiDtenance of fixed assets iti Desited Futtds Restricted Fwid8 are )1¢5 subjrct to regulation by tILe donoTh of the funds &8 to their use. tNCOfvfE Income is recogned in the year in wbich the charity is entitled to the rceipt, and the can be easured wryth reasonabLecertaitity. tncome is on]y deferred when tbe ¢bariry to ffil condition8 before bwoThing entitted to 1¢ or where the do1}r has specified thatthe inco¢ is to be expended iti s thtLllE year. (d) EXPEND Expendithre is included on an 8cerua]s basis at the time a liability is incurred. VAT 13 reportsj #s part of the exFellditure to Bthich it relates. (e) OPERATING LEASES Rentals applicable to opeiating leases where bstatIally 811 of the benefits and tisks oFoThller8hip remain with the les8or, are ¢harged against Incon as incurre<L 10 OPELL4TLNG PROPERTIES The Trllste recognise 3 properties as operaling pjrjperties. They have been inrtially recognised at Cost alld the building pmportion is depreciated over 100 years. (g) tNVESTN(ENT PROPERTY ThE tllJ5tees recognise propcty 40 Melvilte Drive as an investment properts.. This is revalued on a yearly basis using a third paty so'arce. The differen¢¢ b¢tweeD the propenies value at tlL¢ y¢ar elld is adjusted through the stalenwnt of fttwicial activities.
EASTERN BAPTtST ASSOCIATION PAGE 11 AccouNfs FOR THE YEAR ENDED 31 DECEMBER 2025 NOTES TO THE AccouNrs AccouNrtNG POLicfÉs. continued DEPRECIATION Depreciation is providcd on aIl ta]e fixed 2&sets at rate8 [lated to ThTite off the ¢05t1¢ss est1&t¢d residual value of eaoh a&8et over its eXted Eife as follows.. (h) Office and computereqllipment 200A strgL iitie b&sis 2Yo ottprop¢ty costs only The cbartty a policy to TrTite off any capitsl items Cosi tess tban £500 tti tbe year in which the ¢xpeose is incurred. DEBTO DFbtws arE recO)Sed at the settlement amouttt due afier artyd1sUllt offered. Prepa)ments are Yalued at the sOtpr¢pÈid n¢t of Y trade o18ullts due. ti) CRF.DrroRS Cre41Étors and provisions are recogoised where the charity l]as a PTe$¢ obligation resuIting from a past event that will probably result in the trwsfer of fiuids to a third paty and the amount due to settle tbe obligation can be mc&8ured or estimated rejiably. CrEAitors andprovisi¢)os are wrMallYrew8nid gt their settlement oUnt after allowtng Y trade diswunts due. The peosion beherne was bought ovt ID the year ended 31 DeceJnbEr 2023. Therefore no pensio provisioniw arisen since that date GRANtS AND DONATIONS. CURRENf YEAR 2025 Totat Unrestric*41 Dasigtted Eie8tr&¢ted Funds Baptigt UDion Grallts Oiher and donations PrehIng fees expeNes Conferences Ministers Conference Trainiug cour6e5 273.372 2.159 5,816 8,850 21,040 6.090 273,372 37,903 5,816 8,850 21,040 6,690 35.744 317,927 35.744 353,671 GRANTS AFID DONATIONS. PRIOR YEAR 2024 Total Funds UDttstticted DesigDated RestriGtrd Funds Fund5 Baptist Unioll Grants Otlier grallts and donAtion% PiYa¢hing fee8 and expenses fvIintsters Conferell¢e Traini0 courses 226,536 4.253 5,794 12,742 7.143 226,136 22,043 5,794 12,742 7,143 17.790 256,068 17,790 273,858
EAsfEIiN BAPTIST ASSOCiATtON PAGE 12 ACCOUFCS FOR THE YEAR ENDED 31 DECEMBER 2025 NOTES TO THE AccoLr 2025 Total Fuuds Ullreslrioted Desigllated Funds Restrict Funds BaDk inttrest BaptLSt lllsuranc£ Compaoy Propertyrenral 13,594 801 37,758 13,594 801 37,758 52,153 52.153 rNVEsTNT fNcoME. PRIOR YEAR 2024 Total Fun( Untestricted Design&ted Restricted Bk ittterest Baptist 1x]surd Company Property tal 10.185 801 50,618 10.185 801 50.618 61,604 61.604
EASTERN BAPTIST ASSOCIATION PAGE 13 ACCOUNfs FOR THE YEAR ENDED 31 DECEN(BER 2025 NOTES TO THE ACCOUNrs 2025 Total Fund8 UntriCj Designated R£4tsicted Fun Funds Fuuds Mini5ty employtlleJLt costs expeDs£s SafeguardiDg Officer Safeguarding officer expaws Manse gUlar expeJLses One off Mause expens 123,494 17,825 10.254 1.429 9.781 3276 3.042 119,912 l6212 27295 16,509 941 8.680 16,33l 1,398 139,825 l9.223 10254 1,429 9,781 3,276 3,042 131,712 21,702 23,763 22,176 941 8,680 lission Establishment Ministers wnference otlLerexldttUre EBA Assetnbly Depreciation 11,800 5,490 468 5,667 354,650 11,800 29,354 395,804 2025 Total Funds UDK8tiicted D&sigttated Restri¢teA Fullds Funds Funds Support Costs: Compauy swr¢latys salary Company secretsty5 expense5 Independent examinerfs fees Leg21 and statutory payments 30,272 4,317 2,032 3.476 30,272 4J17 2,032 3,476 40,097 40,097 Total Charitable Activities 394.747 11,8 29,354 435,901
EASTEEN BAPTEST ASSOCL4TION PAGE 14 ACCOUbrtS FOR TK& YEAR ENDED 31 DECEMBER 2025 N(yfES TO T ACCOUNrs 2024 Total Funds Ullrestricted Dtsignated Restricted Funds Funds Fiind5 Ministry emp[D6]rt Costs expellses Baptist defL¢It pension adjus¢ll)cnt Safe.otLarding Offlcer Safeguarding officer expenses MarL5e regular expetts Olle off Manse expenses Manse retL+al Manse rcpairsJ5ervice%lrentaI 'ssion EstabliShnllt Ministeis ¢onf¢rencc Other expenditure EBA AsseFllbly Depreciation 107,419 22,)20 {io) 7,838 2,520 7.701 17,282 l5.936 4.874 68.994 18.023 18,5( 3.511 4,414 340 111,833 22,860 (LO) 7.838 2,520 7,701 17,2S2 l5,936 4,874 132,737 20,071 18,928 8,487 440 6,522 8,156 55,587 2,048 422 4,976 6,522 302,076 8,156 67,787. 378,019 2024 Total Funds Designa*d Restricted Funds FUd$ Fuads Support Costs.. Company &cretaty5 salary Company secretarls expeoses Illdepend¢llt examim¢es fees I£gal and statut¢xry payments 25.133 3,72l 1,962 16,141 25,133 3,721 1,962 16,141 46.957 46,957 Total LEMritable Activities 349.033 8,156 67,787 424,976 TRUSTEE AND ¥fAFF REmuNETtO Th¢ staff costs were: Trostees {Regiollal MiDiskeJ3) and wpott Staff Sal1¢5 Swi21 securÉty COSL% PensiotL Costs 2025 2024 160,724 5,924 13,103 126,635 5,81X) 12,359 180,351 144,794 Average wecdy numbtt of#eff employed during the year. Full time Part time 10 David Mayllc is a Regiollal Miuister and also an ex-officiomemb¢r of council. Claire Blatchford and Gale liichards areRegii)nal MiTUSters and noi Trustees. Gal¢ Richards iesigned in October 20.
EASTERN BApfIsT ASSOCIATION PAGE 15 AccouNfs FOR THE YEAK ENDED 31 DECEMBER 2025 NOTES TO THE Accouwrs TRUSTEE AND STAFF REMUNERATLON. continued Four part time roleg were started in October 2024 under the Southmittister fund. Two of these roles ended in Septemb¢r 2025 al two were extended unul l(arch 2027. No mernber of staff re¢eiv¢d r¢muTh¢raiion of more than £60,000 during the year. Thre¢ (2024.. Three) regiona] h(inisters live in properri¢s wholly owned by the Associatioo. The Baptistunion P8ys market rent tothe A$slatiOn to ¢over one of the MaThses. Expenses tot118 £12230 (2024: £13,6) were reimbutsed to the Tntste¢s (D Mayne 8s ex.otTicio member and other Trustee5). Thc Trustees consider they are the key management and the X-Offici0 Regional Ministers are remunernted. The total compensation received by key rnanagemertt including ben¢fJts is £44.463 (2024.. £40,040). NFf JNCONE FOR THE YBAR Net in¢ome for the year is stated after chargittg.. Indtpendent examiner's fees 2025 2024 2.032 1,962 TANGIBLE FIXED ASSETS . CURR YEAR Operating pnpetty COST Balance at l January 2025 and 31 December 2025 1,302,000 DEPRECIATtON Balance at l January 2025 DEprll11n charg 2L,252 8.680 Balance at 31 December 2025 29,932 NET BOOK VALUB at 31 De¢e]nber 2025 1,272,068 TANGIBLE FIKED ASSEFS- PRIOR YEAR Operating property COST Balancc at l January 2024 Additlolls Disposds 1.499,950 550,000 (747,950) Balance at 31 DcceTnber 2024 1.302,000 DBPRECIATION Balanc¢ at l January 2024 Deprebiation charge Elifftinated disposal 39,130 6,522 125,1001 Balance at 31 December 2024 21.252 NET BOOK VALUE at 31 Deeember 2024 1,280,748
EASTRRN BAPTIST ASSOCtATION PAGE 16 AccouNfs FOR THE YEAR ENDED 31 DECEMBER2025 NOTES TO THE ACCOUKts TANGIBLE FIXED ASSEfs- continued Book Value Book Value asat asat 3111212025 3111212024 OPERATING PROPERTY NET BOOK VALUE 2 Buchanan GardeLs. Wicl(ford 16 Firethom Court 59 Station Road 340,340 386,970 544,758 342,720 389,570 548,458 1.272,068 1280,748 Freehold Unlisted Pmperty inl'estntrnts Totsl Market vale at l January 2025 377,0(K) 3,204 380.204 Market value at 31 December 2025 377,1)00 3.204 380,2(14 tNVESTMEKfs. PRIOR YEAR FebOld Prop¢ty UnListed illvesltllEnts Total l&rket Value at l Jalluary 2024 377,000 3,204 380,204 larket value at 31 DcGEthr 2024 377,000 3,204 380,204 Unlis(ed illvesthlents 2025 2024 Baptist Insurance Compally slwes Inan fi]nd GeneraL fi 801 2,403 801 2,403 3204 3,204 DEBTORS.. Due within oneyear 2025 2024 LoaLs to Church&s Trade debtors Other debto 2,250 896 13,394 9,010 14,290 11.260 io CREDrroRS.. Due within One srar 2025 2024 Trade creditoEs Accrnals Deferred Illne 5,760 2,004 11,255 1,880 15,090 19,019 16,970
EASTERN BA2TtST ASSOCIATION PAGE 17 AC.COUNfs FOR THE YEAR ENDED 31 DECEMBER 2025 NOTES TO TFfE ACCOUWts DESIGtNATED FUNDS Brougbt forwa C8Thied fonvard It0e Expenditure M0venllt Trnnsfe Mi&8itsn 49.510 (I I,8(N)) {11,800) 37,71 DESIGNATED FUNDS . PRIOR YEAR Hrought Caryked fon¥ard Income tndItre Movement TraD5fe Mission 57.666 (8,l56) (8,156) 49,510 12. Brougbt fonvard Carried folivard Income Expi)re Movement Transfers Southmin8t¢rFuud Layministry Fund Miaisters, Benevolettt Fund Millister8 Training Flll SÈllall Colluexio BUEN Erltwiued Projeci 33,076 8264 4,157 107 12,668 303 (20,051) (19,748) 1550) (550) (1,083) 269 (107) {107) (7.147) 2,942 {410 23.584 (515) 12,813 7,714 4236 1.352 {190) 10.089 24.CKK> 15,610 23,584 58272 35,744 (29J541 6,390 {7051 63,957 RESTRICJED FUtIDS . PRIOR YEAR Brought forward tttcon]e Expenditure MoveJn¢nt TrferS Cattied forww'd Home Mission Futid SouthmSter Fulld Laymillisty Fulld Miw$ters' Benevolent Fund lillisters Trainittg Fund Small Cburch Connexion 55,587 38,319 8.660 3J80 2,538 (5 j. j87) (55.587) (5.383} (5,243) (396) (396) {1,485) 777 (2,216) (2,216) (2,720) 12,668 140 33,076 8,264 4,157 107 12.668 2262 (215) 15,388 108,484 17.790 (67,787) (49,9971 {215) 58272 DESCRtPTION OF RESTRlCtED FUNDS.. Southnhillstcr Fund- traini& for mentors of newly accrdit¢d Minist¢ gatherillgs for leaders of small ckurclies. Lay MiAistry I'raÈllillg- Erainitt8 grants and suppDrt fo-. notsJninis:.erial leader& Minlsters Bellevolcnt Fulld- sypwrt for clLUW.hpastors where fw8n-aI need aEiS&S. Ministers Training Fvlld- combined Accreditcd ministe Fund Butsary FTJnd ill 2016. Small Church CoDnexioll- Grallt money donated by tIL- Baptisi Uttion Mi&Eion Foru to fijrtber the Work among smallet church&p in tb= BU and support (he SCC Team expe£$. The Baptist Ullton £nvironsNeMt f4ebTr"ork (BLI. N)- Grallt ttLoney dollated bv the Baptist Utsilin Mission FONM fo." a llew illitsative that airos to taise awdrelless and respond to the Cnvirotllllental crisis, building a network of environmental partllers a¢rth our RfjgsojI Awciatiojk liE call jQUTney alongside ¢hutch&s to ellable them to thlare G1 in worsbip, life, action that 'creation is good, {Gen l..25).
EASTERN BAPTIST ASSOCIATION PAGE 18 AccourS FOR THE TrEAR ENDED 31 DECEMBER 2025 NOTES TO THE AccouNrs 13. ANALYSIS OF NET ASSETS . CUBJiENT YEAR Ullrestri¢ted DcsigDatcd Restricted Funds Funds Total Funds TangiTrle fixed assets Inyesttneuts Net Current &ets 1,272,068 379,403 403,689 1,272.068 380,204 504,555 801 36.909 63,957 4.055,160 37,710 63,957 2,156,827 NALYSIS OF NET ASSETS . PBIOR YEAR Unrestricted Designated Restricted Futsds Funds Fulld8 Total Funds Tangible ed assets Inv&8tments Nct cutrettt asset8 1280,748 379.403 418,971 1,280,748 380,204 525,952 801 48,709 58,272 2.079,l22 49.510 58,272 2,186.904 14. LtABItJTY OF THE MENiBERS The As'sociation is limited by guaraoiee. IJJ the eveD( of the AssiKiationbettig wotmd up, the iiabijity of tbe members is IiD]iied io £10. 15. RELATED PARTtES During the year there were no r¢lated party trall5actiOnS. 16. RECONCILIATION OF NET MOVEMENf IN FUNDS TO NET CASH FLOW FROM OPF.RATtNG AcnvrriES 2025 2024 Net movement in funds for the reporting peri(Ml as per SOFA AdJUsell for.. DividettdB, interest and rents fium investments Depreciation Surplus on sale of fixed gets creaseydecreÈL8e in debiors InCr&el(decrea5¢) in creditors (30.077) 65,430 (52,153) 8,680 161,604) 6522 (154,944) 9,056 4,050 (3,030) 2,049 Net C&4hused in operatttig activities (74,531) 1131,490) 17. PENSIOfv SCHEME The Charity Contributes to & defined Contribution on beljalf of its ernployees, the to(al amoullt it ¥ontributed during tbe yearw&8 £13,703 (2024: £12.359) and llo Bmounts weLe outstand1t at the yw en